Membership Appointment to Federal Reserve Bank of San Francisco’s Community Depository Institutions Advisory Council

February 29, 2012

San Francisco, CA — The Federal Reserve Bank of San Francisco announced that Maria P. Kunac, President and CEO, Coronado First Bank, Coronado, CA, was appointed as the newest member of the Twelfth District’s Community Depository Institutions Advisory Council (CDIAC). Ms. Kunac will serve a three-year term.

The CDIAC represents banks, thrift institutions and credit unions of various sizes within the Twelfth District. The council provides input to the Bank’s senior management on a variety of topics, including economic and banking conditions, regulatory policies, and payment issues.

The Federal Reserve Bank of San Francisco, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, and a cash processing office in Phoenix, provides wholesale banking services to financial institutions throughout the nine western states. As the nation’s central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government. Follow us on Twitter at twitter.com/sffedreserve.